Securities Law Compliance Clause Example from Business Contracts

This example Securities Law Compliance clause appears in 2 contracts from 1 company

Securities Law Compliance. The delivery of all or any of the Shares in accordance with this RSU Award shall be effective only at such time that the issuance of such Shares will not violate any state or federal securities or other laws. The Company is under no obligation to effect any registration of the Shares under the 3 Securities Act of 1933 or to effect any state registration or qualification of the Shares. The Company may, in its sole discretion, (i) delay the delivery of the Shares; or (ii) place restrictive legends... on such Shares in order to ensure that the issuance of any Shares will be in compliance with federal or state securities laws and the rules of the New York Stock Exchange or any other exchange upon which the Company's Common Stock is traded. View More
Found in U.S. Bancorp contract
U.S. Bancorp Contracts

U.S. BANCORP RESTRICTED STOCK UNIT AWARD AGREEMENT FOR DIRECTORS (Filed With SEC on February 23, 2017)

U.S. BANCORP RESTRICTED STOCK UNIT AWARD AGREEMENT FOR DIRECTORS (Filed With SEC on April 23, 2015)